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Distributor of Niche LED Lighting Products in Warwickshire

Undisclosed, Warwickshire

CONFIDENTIAL

  • Leasehold: Offers Invited
  • Turnover: £1,500,000 (£28,846 per week)
  • Profit: Not Applicable

Business Details

Distributor of Niche LED Lighting Products in the Midlands

A Long established and profitable Distribution and E-Commerce Company based in the central Midlands. The company has 2 divisions, one supplying the B2B side of the customer base and the other an on-line retailer to the public. B2B - As a global distributor of niche LED lighting products, the Company has a wide product range that includes its own branded lighting merchandise and a leading third-party brand. The majority turnover derives from the UK with export sales contributing around 5% of turnover. B2C - the e-commerce side is an online retailer of lighting products, electronics, stationery and an increasing selection of popular trendy products. Whilst the majority of sales are within the UK there is a growing export market. Turn-over is down on the B2C side in the last two Financial Years due to changes one major supplier has made to their own on-line distribution routes. The vendors are working hard to increase their range of ‘own-branded’ and alternate products to replace the lost revenue stream. With a highly skilled team, established product ranges, multiple distribution channels and effective online sales platform the Group is well positioned for future growth. Identified growth areas include increased range of products offered, increased volume of sales and expansion in key geographical markets. The Company has invested heavily over the years in developing a loyal, recurring base of customers (circa 12-15) that includes high street retailers, wholesalers, distributors and end consumers. The owners only work a handful of hours per month in the business now. They are supported by a loyal and experienced team with an established second tier management structure. The business operates from modern premises offering easy access to the extensive Midlands motorway network. The premises are owned privately by the client and the preferred option would be to include the freehold in a sale. Our clients have now moved away from the Midlands and are now looking for an exit to enjoy a well earned retirement. They have planned ahead and allowed plenty of time to go to the market place and find the right buyer for the business. For further information, please click through and complete the NDA or contact Business Partnership Birmingham office directly.
  • B2C E-commerce together with B2B (Trade) Distribution (3 websites)
  • Own Branded Product Range
  • Variety of Distribution Channels to Target Broad Ranging Market Segments
  • Recurring B2B Customer Base - Retailers, Wholesalers, Distributors & End Users
  • B2B Majority UK sales (5% Export) - Higher Export Sales in B2C Market
  • Established & Profitable for 24 years
  • Ideal Central Midlands Location with Easy access to Motorway Network
  • Primed for Continued Growth
  • Strong, Loyal & Experienced Team with 2nd Tier Management Structure
  • Minimal Involvement of Owners - Retirement Sale
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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